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प्रश्न
On the basis of following schedule, answer the given questions:
| Income (in ₹ crores) |
Savings (in ₹ crores) |
| 0 | -20 |
| 50 | -10 |
| 100 | 0 |
| 150 | 30 |
| 200 | 60 |
- Calculate Marginal Propensity to Save (MPS) at ₹ 150 crores level of income.
- What is the value of Autonomous Consumption?
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उत्तर
| (Y) (in crores) |
(S) (in crores) |
ΔS (in crores) |
ΔY (in crores) |
| 0 | -20 | - | - |
| 50 | -10 | - 10 - (20) = 10 | 50 - 0 = 50 |
| 100 | 0 | 0 - (-10) = 10 | 100 - 50 = 50 |
| 150 | 30 | 30 - 0 = 30 | 150 - 100 - 50 |
| 200 | 60 | 60 - 30 = 30 | 200 - 150 = 50 |
(a) MPS at 150 = `"ΔS"/"ΔY"`
= `30/50`
= 0.6
(b) Autonomous consumption (consumption at 0 level of income) Y- S =
= 0 - (-20)
= 20 crores.
संबंधित प्रश्न
Given the following data, find the missing value of 'Government Final Consumption Expenditure' and 'Mixed Income of Self Employed'.
| S.No. | Particulars | Amount (In ₹ crores) |
| (i) | National Income | 71,000 |
| (ii) | Gross Domestic Capital Formation | 10,000 |
| (iii) | Government Final Consumption Expenditure | ? |
| (iv) | Mixed Income of Self Employed | ? |
| (v) | Net Factor Income from Abroad | 1,000 |
| (vi) | Net Indirect Taxes | 2,000 |
| (vii) | Profits | 1,200 |
| (viii) | Wages & Salaries | 15,000 |
| (ix) | Net Exports | 5,000 |
| (x) | Private Final Consumption Expenditure | 40,000 |
| (xi) | Consumption of Fixed Capital | 3,000 |
| (xii) | Operating Surplus | 30,000 |
State the meaning of the following:
Autonomous Consumption
"In an economy, the autonomous consumption is ₹ 100 and Marginal Propensity to Consume (MPC) is 0.6. If the equilibrium level of Income is 2,000, then the autonomous investment is ₹ 300." Justify the statement with valid calculation.
At the break-even point level of incomes for the economy is ₹ 10,000 crores and if the people tends to save 20 per cent of their additional income, then calcualte the value of autonomous consumption.
If in an economy, the Investment Multiplier is 4 and Autonomous Consumption is ₹ 30 crore, the relevant consumption function would be ______.
In an economy, the value of Marginal Propensity to Save (MPS) is 0.25, what will be the value of increase in income, if investments increased by ₹ 200 crores?
What does the consumption function show?
Which formula represents the consumption function?
At zero income, what happens to consumption?
How does the consumption curve begin and move as income changes?
Which component of \[C=\bar{C}+cY\] is independent of income?
What does \[APS=\frac{S}{Y}\] measure?
What does the 45° line represent?
What does it mean when the consumption curve is below the 45° line?
What does it mean when the consumption curve is above the 45° line?
